2025-0107T-0707 Austin, TX
What universe are we in now? If you are Canadian, is Trudeau your leader and is your social media still censored? Is Canada a 51st state of America? If you are American, is Trump your leader and is your social media still censored? And can you travel to Greenland without a Visa? Which public technology company has the largest market cap in the world – NVIDIA, Microsoft, or Apple? Does NVIDIA sell desktop computers? Is Micron partnering with NVIDIA on the huge memory requirements of AI? Has NVIDIA built a sensorship yet, or just providing technology for sensor-based cars? Does your phone run Linux and have a physical keyboard? Can you distinguish between a real video clip and an AI generated one?
In terms of economics of your universe: Can you buy an ounce of Silver for under 30.00 $USD? Can you buy a Bitcoin for under 37.18 oz Gold? Can you trade an oz of Gold for more than 35.67 barrels of WTI crude oil? Is the gold-to-silver ratio still as high as 87.93! Can you mine one Bitcoin for between 0.5GWh and 1GWh of energy? Note: 1 GWh is roughly 600 barrels of oil, 150 tons of coal, 100,000 cubic meters of natural gas, 40 micrograms of Uranium-235, 4 months of running a 1 MW wind turbine at 33% capacity, 7 months of 1 MW of solar panels at 20% capacity.
Diving Deeper: Estimated costs of 1 MW of wind power is $1.5M-$3M plus $4K/month. Estimated costs of 1 MW of solar power is $1M-$1.5M plus $1K-3K/month. Since the capacity of wind power is normally higher than solar power, these costs are roughly equal. Excluded in these costs are land costs, which are roughly 50 acres (say $500K) per 1 MW of wind power and 5 acres (say $50K) per 1 MW of solar power, although dual use of land is more feasible with wind power. So, I need roughly 7 MW of solar capacity to produce 1 GWh in one month, which is roughly $10M in initial capital investment, including land. If I borrow the $10M at 0.5% interest per month, that is $50K per month interest. If I also have monthly maintenance of $10K, that’s $60K total cost monthly to mine one $100K bitcoin. Now, you just need to find some land and a banker to loan you $10M.
